Tag Archives: 203k home improvement

Renovation Make Over, Features of the FHA 203k Streamline Loan

The FHA 203k Streamline program has gained popularity recently because of the amount of foreclosed homes that are being purchased are in need of repair.  The FHA 203k streamline program can be utilized both as a FHA refinancing option as … Continue reading

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Las Vegas No Longer Top Foreclosure City, Hello Stockton Calif.

Las Vegas is no longer the top foreclosure city in the country. A new Nevada law that went into effect in October caused many mortgage servicers to pause the foreclosure process, knocking Vegas off the spot it held for 22 … Continue reading

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FHA 203k Has Gotten So Much Easier!

What most home buyers are not familiar with is an underused FHA program called the 203k. Now before you run screaming out of the room, let me give you a few words of encouragement. The FHA 203k has gotten easier…lots easier! For those agents that decide to dive in and take advantage of this program, the opportunities are limitless! Let me explain. Continue reading

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203k – Fact or Fiction?

By Deborah Garvin; I have a lot of posts about the 203k loan and continue to believe it is the most under used, misunderstood, and absolutely the most creative finance product available in today’s real estate market. Really, what other … Continue reading

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Realtors: Are You Shooting Video? You Should Be…

If you are a realtor, lender, contractor or consultant and you are not using video as part of your marketing, You are really missing the boat. We’re an ocular centric culture – meaning we have to “see it to believe it.” Video is the next best thing to being in a room with someone because we share so much more than we can write. Our writing may be more articulate, but it isn’t as real as watching someone’s body language.

Your audience can connect with you on a whole new level when you utilize video. They can see the energy behind your message. The true power behind video is this ability to establish a report much faster – and it doesn’t matter how Continue reading

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Buy Low and Renovate! Mortgages Can Pay For Home Renovation

Two little-known home renovation mortgage programs offer solutions for buyers and homeowners who want to renovate. Fannie Mae and the Federal Housing Administration have home renovation mortgage programs that allow buyers to borrow based on what the house is expected … Continue reading

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Can I Use The 203k Renovation Loan to Buy a Condo?

The simple answer is YES, but there are a few simple guidelines you need to follow. Section 203(k) home rehab mortgages may be used for individual units in condominium (condo) projects that have been approved by FHA, the Department of … Continue reading

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Use 203k Loan to Update Before You Move In

This home in Winchester, CA needs some minor repairs to be move in ready. But some simple fixes can also be expensive. Use a 203k renovation loan to fix up your new home with no money out of pocket. By … Continue reading

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HUD Good Neighbor Next Door and 203k Programs

How can you buy a house for half price, remodel it any way you want and move in with equity in your pocket? The answer is by using HUD’s Good Neighbor Program and combining it with their 203k Renovation Loan … Continue reading

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What is The FHA 203k and What’s In It For ME?

When it comes to real estate today, there’s a program that covers home buyers and homeowners alike. Whether it’s repairs or renovations on a purchase, or upgrades, improvements or redecorating the home you own, many projects can be financed through an FHA 203k mortgage loan. Continue reading

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